Bitcoin Price Soars as Trump’s Fed Nomination Boosts Crypto Momentum
Main Idea
Bitcoin's price is approaching $117,000, driven by Trump's nomination of a new Federal Reserve member and the inclusion of Bitcoin in US retirement funds, with other cryptocurrencies like ETH, XRP, SOL, BNB, DOGE, and SUI also showing significant movements.
Key Points
1. Bitcoin's price is nearing $117,000, boosted by Trump's Fed nomination and the inclusion of Bitcoin in US retirement funds.
2. ETH is advancing towards $3,900, with potential to reach $5,000 if it breaches $4,000, supported by corporate ETH treasury growth.
3. XRP Coin aims to turn $3.1 into support, with potential to reach $3.33 and $3.55, and ETF approvals expected around September or October.
4. SOL surpassed $168, targeting $182-$188, with potential to reach $203, driven by Fed rate cut expectations and 401(k) crypto inclusion.
5. BNB Coin targets $810 and $847 after falling to $732, with potential to reach $1,000 if it surpasses $793.
6. DOGE targets $0.23, with next objectives at $0.27 and $0.28.
7. SUI Coin, after recent drops, could rally to $4.16 if it closes beyond $3.7, with risks tied to ETH chart and market volatility.
Description
Bitcoin price nearing $117,000, bolstered by Trump’s policy shifts. Positive crypto momentum fuels altcoins like ETH, XRP, SOL, BNB, DOGE, and SUI. Continue Reading: Bitcoin Price Soars as Trump’s Fed Nomination Boosts Crypto Momentum The post Bitcoin Price Soars as Trump’s Fed Nomination Boosts Crypto Momentum appeared first on COINTURK NEWS .
Latest News
- SEC Shifts Toward a Supportive Stance for Crypto2025-08-08 00:34:08
- Trump Expands Investment Opportunities With a New Executive Order2025-08-07 23:28:30
- Ripple Lawsuit Ends and Ethereum Purchases Surge Creating Market Buzz2025-08-07 22:45:01
- Unleash the Power of GPT-5 for Your Hardest Challenges2025-08-07 21:43:48
- Bitcoin Price Soars as Trump’s Fed Nomination Boosts Crypto Momentum2025-08-07 20:46:29